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BAIL DEFINITIONS Bail - security demanded by the court to guarantee the appearance of the accused during the pending action while on release from custody Bail Bond - A power of attorney issued by a surety insurance company, executed by their licensed agent to allow a defendant freedom from incarceration pending adjudication of the criminal case. Bail Agent - An individual licensed by the Department of Insurance who contracts for the undertaking of bail. Collateral - Assets pledged by an indemnitor as security for the appearance of a defendant released on a bail bond. Collateral is returned to the depositor upon adjudication of the case. Defendant - A person required to appear in court to answer pending charges. Forfeiture - Issued by the court advising non-appearance of a defendant on bail stipulating schedule of demand for full payment of the subject bail bond. Indemnitor - Friend or family of the defendant who accepts liability for the bail bond by pledging real or personal property. Own Recognizance (O.R.) - Release from custody by making a personal promise to appear in court on a date mandated by the Court Liability - Responsibility for any financial loss incurred in connection with the bail bond posted. Premium - The bail bond fee as regulated by the Department of Insurance typically ten percent of the bail amount.
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HOME | WHY USE US | BAIL SERVICES | TESTIMONIALS | ABOUT US | CONTACT US CA Insurance License #1639230 |
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California Bail and Bail Bonds Disclaimer: ©2003 Chickie's Bail Bonds - California Bail Bonds Agents - Los Angeles Bail Bond Company - Bail Bonds and California Bail Bondsman - State and Federal Bail Bonds, serving all of the communities in Southern California, including Los Angeles County, Orange County, San Bernardino County, Riverside County, Ventura County and San Diego County. All rights reserved. |